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Abdon Pallasch

Illinois' Worst-In-Nation Credit Rating Costing Taxpayers Millions

Like your cousin who doesn't pay his bills on time and squanders money he doesn't have, Illinois is paying the price – in both cash and reputation – for years of ignored warnings about its pension crisis, the worst in the nation. Largely because of its unfunded retirement plans, Illinois has replaced longtime bottom-dweller California as ...

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